Apple Smartwatch market Share is More than 50% according to recent statistics. A smartwatch is a wearable computer in the form of a wristwatch modern smartwatches provide a local touchscreen interface for daily use, while an associated smartphone app provides for management and telemetry. According to the Sales Statistic Smartwatches are getting attraction globally. The statistic shows that the global smartwatch shipments share by vendor from the second quarter of 2014 to the second quarter of 2019. In the second quarter of 2019, the Apple Watch accounted for 46.4 percent of global smartwatch shipments.
“Apply Smart watch has taken the market share by 50% since last year.”
The design of watches with functionalities of smartphones already existed decades ago, but its popularity only surged in recent years. Smartwatch sales are set to boom over the next few years, projected to reach more than 120 million units sold in 2022, as the largest product segment of consumer wearable devices. In 2018, the main players in the smartwatch market were
Apple entered the smartwatch market in 2015, launching its highly anticipated Apple Watch, which now dominates the market.
More than 9 million units of the Apple Watch were shipped in the fourth quarter of 2018, making up more than 50 percent of the global smartwatch market share. In comparison Samsung shipped 2.4 million smartwatches during the same period, a market share of about 13 percent.
Although smartwatches have existed for a long, long time, their foray into the mainstream is only recent. With companies like Samsung, Apple, Asus, Huawei, and several others are working day and night to improve the watches, and truly make the experience a lot better.
Amidst all this, there lies the consumer mindset that still believes that the traditional, analog watches are way, way better as they are crafted with great precision, as well as perfection. This has led to numerous debates how smartwatches shouldn’t exist, or are considered bane of the wrist watch concept.
Still, for people who actually prefer their watches display all the necessary information that comes to their phone, all tied into one ecosystem actually consider smartwatches to be very useful, and following that into the market, the smartwatch industry at this point is creating a separate entity for itself.
This has allowed the manufacturers to push better and better smartwatches into the market, allowing their consumers to have a sense of choice when it comes to finding the right product that caters to all their needs from a wearable device.